Morgan Stanley

  1. Spotify Said to Be Training for Its IPO, Practicing Earnings Calls (Report)

    June 23, 2014 10:20 AM EDT Since early this year, Spotify has been dropping hints that it may go public in the near future -- namely, obtaining a $200 million credit line ,  posting a job listing for an "External Reporting Specialist,"  and acquiring music intelli ...

  2. iTunes Store Customer Spending Down 24% (Report)

    May 29, 2014 5:15 PM EDT It would seem that Apple's purchase of Beats and attendant move into the streaming music service business was prescient. CNN, citing a report from Morgan Stanley analyst Katy Huberty, writes that Apple's per-user spending in its iTunes S ...

  3. Fred Davis, Rainmaker Who Sheparded Spotify, Sticking Around as IPO Talk Ramps Up

    April 24, 2014 12:39 PM EDT This article was first published in the April 26th issue of Billboard Magazine . When Spotify founder Daniel Ek finally shares details on his company's plans to file an initial public offering (IPO) -- probably later this year -- Fred Davis w ...

  4. Spotify Obtains $200 Million Credit Line In Advance of Possible IPO (Report)

    March 10, 2014 12:46 AM EDT Spotify, one of the world's largest music music subscription services, has obtained a $200 million credit facility from lenders which may indicate an initial public stock offering is in the works, according to a report in the Financial Time ...

  5. Pandora Growth Continues After iTunes Radio Launch

    November 05, 2013 12:51 AM EST Pandora fared well in the first full month iTunes Radio was available in the United States. The Internet radio company's listener hours grew 8% from September to 1.47 billion, according to figures revealed by CFO Mike Herring at a Morgan S ...

  6. Business Matters: Pandora Shares Down 6% - Is There Weakness in Mobile Advertising Market?

    February 20, 2013 5:51 PM EST Pandora shares were down 5.9% to $12.12 Wednesday after Millennial Media reported disappointing earnings and lowered its first-quarter guidance. Millennial Media is a mobile advertising firm that helps developers monetize their mobile application ...

  7. Business Matters: Pandora Seen Building Up Local Ad Sales Teams

    August 13, 2012 12:27 PM EDT The good news is somebody on Wall Street thinks Pandora is building its local ad sales team to generate more revenue. The bad news is somebody on Wall Street thinks the costs of building out its local ad sales teams will hurt Pandora's profit ...

  8. 40 Under 40: Alexander Ljung

    August 02, 2012 2:35 PM EDT Alexander Ljung Music Sponsorship Agent, Creative Artists Agency Website: Soundcloud.com Twitter: @Alexanderljung Forecasting Music's Future SoundCloud has grown into a near-ubiquitous platform for sound on the Internet. If you've stream ...

  9. Business Matters: Pre-release File Sharing Helps Album Sales, Says a Study. So Why Not Replicate This Legally?

    May 22, 2012 9:17 PM EDT Study Says File Sharing Helps Established Artists Sell More Albums File sharing albums before their release dates reinforces popularity and helps sales, according to a study of BitTorrent traffic by Robert G. Hammond, an assistant professor at Nor ...

  10. Facebook Boosts IPO Shares By 25 Percent

    May 16, 2012 9:28 AM EDT NEW YORK (AP) -- Facebook says 25 percent more shares will be sold as investors clamor for shares in the year's hottest stock offering. Facebook said in a regulatory filing Wednesday that about 421 million shares will be sold, up from 337 mil ...

  11. Groupon Raises $700 Million With IPO at $20 Per Share

    November 04, 2011 8:11 AM EDT SAN FRANCISCO (AP) - Daily deals pioneer Groupon raised about $700 million with an initial public offering of stock priced well above expectations. The IPO was set late Thursday at $20 per share, above the anticipated range of $16 to $18. The high ...

  12. Business Matters: f8 Showed That the Future of Sharing is Both Personal and Algorithmic

    September 23, 2011 11:24 PM EDT f8 Showed That the Future of Sharing is Both Personal and Algorithmic -- Thursday's f8 conference highlighted the role personal relationships have in the discovery of everything from food to movies to music. It's almost as if the algorit ...

  13. Entertainment Conglomerate Stocks Drop Amid Latest Market Decline

    August 19, 2011 8:25 AM EDT NEW YORK - The stocks of U.S. entertainment conglomerates took a big hit again on Thursday trading as U.S. and European markets once again saw a broad selloff amid renewed economic concerns. All major U.S. stock indices were down sharply. The broa ...

  14. Business Matters: Skullcandy IPO Shows Market Interest in Premium Headphones

    July 25, 2011 5:34 PM EDT Market On Premium Headphones: Outlook Good -- Last week's IPO by headphone maker Skullcandy indicates investors see potential in the growing market for premium headphones. The company sold 9.4 million shares at $20, which was above the $17-$1 ...

  15. Zynga May File for IPO Tomorrow, Source Says

    June 28, 2011 6:18 PM EDT Online social game company Zynga plans to raise $1.5 billion to $2 billion in an initial public offering and could file paperwork with U.S. regulators as soon as Wednesday, a source familiar with the situation said on Tuesday. Zynga, the company b ...

  16. Cooperative Music Launches in Australia

    June 14, 2011 10:07 AM EDT Cooperative Music, the international music marketing network, has launched an affiliate in Australia. Based in Melbourne, Cooperative Music Australia and its network of labels will be distributed by parent company Universal Music in Australia and ...

  17. Even More Sony Websites Hacked

    May 24, 2011 5:29 PM EDT Sony Corp's shares bounced back from two-month lows after the electronics conglomerate said this year's operating profit would match last year's, easing worries about the impact of the March earthquake. Separately, Sony said on Tues ...

  18. Is Terra Firma's Investment in EMI The Biggest-Ever Private Equity Loss?

    February 07, 2011 2:36 PM EST Terra Firma's £1.7 billion (US $2.7 billion) loss on its investment in EMI could be a private equity record, according to research by Private Equity News and Dealogic reported in Financial News . The article reads: "Forstmann Little wrot ...

  19. Nokia To Cut 1,800 Jobs After Strong Q3

    October 21, 2010 12:00 AM EDT Nokia reported stronger-than-expected profits for the third quarter, boosted by solid demand for its cheap smartphones, and said on Thursday (Oct. 21) it would cut up to 1,800 jobs under its new chief executive. Third-quarter underlying earnings p ...

  20. Business Matters: Google Music Store, Don Henley, The Orchard, 'If I Can Dream' and more

    June 15, 2010 12:00 AM EDT GOOGLE MUSIC STORE COMING IN FALL? -- Google's music store could be on its way later this fall, CNET's Greg Sandoval reports. Citing multiple industry sources, Sandoval says the service could have both downloads and streaming music. &quo ...

  21. Analysts Bullish On iPad Sales

    March 29, 2010 12:00 AM EDT Apple’s iPad tablet device is shipping April 3 and already it’s looking like another hit for Steve Jobs & Co. Morgan Stanley analyst Katy Huberty in a recent research note expects 8-10 million iPad shipments this year with sales of 6 million. ...

  22. Morgan Stanley Raises RadioShack To Overweight

    September 10, 2009 12:00 AM EDT Morgan Stanley upgraded RadioShack Corp to "overweight" for the first time in six years, and said the electronics retailer's moves to revamp business should show results. The company -- which has about 4,450 company-operated stores, ...

  23. Briefs: Twitter, BlackBerry, Morgan Stanley

    July 13, 2009 12:00 AM EDT -- How did Rick Astley 's "Never Gonna Give You Up" get to the top of the Twitter chart at MP3 blog aggregator The Hype Machine? A single tweet by TechCrunch to its 916,735 followers. ( TechCrunch ) -- Research in Motion will launch ...

  24. Ericsson Q1 Core Profit Weak

    April 30, 2009 12:00 AM EDT Swedish telecom gear maker Ericsson posted weaker-than-expected underlying earnings, hit by a slumping global mobile phone market and cutbacks in investments by operators. The world's top mobile equipment maker, however, took a more optimisti ...

  25. V2/Cooperative Joins With Japan's Hostess

    January 30, 2008 12:00 AM EST The Universal Music Group-owned V2/Cooperative Music has signed a long-term licensing agreement with Japan's Hostess Entertainment. Under the agreement, Hostess will release, market and distribute records from V2 and European labels including ...

  26. OFT Sheds Light On Its UMG-V2 Clearance

    November 13, 2007 12:00 AM EST The U.K.'s Office of Fair Trading has published in-depth detail behind its decision to approve Universal Music Group's acquisition of V2. In its assessment, posted today on the OFT Web site, the competition regulator noted that the two c ...

  27. U.K.'s OFT Clears UMG-V2 Deal

    November 05, 2007 12:00 AM EST Universal Music Group cleared the final hurdle in its acquisition of V2 Music Group when Britain's Office Of Fair Trading said today it would not refer the buyout to the Competition Commission. In a brief statement issued on its Web site, the ...

  28. V2 To Live On Within UMG's Mercury Group

    October 22, 2007 12:00 AM EDT Universal Music Group has started the integration of its newly-acquired V2 Music Group. Moving forward, the British arm of V2 will be aligned with Mercury Records under Mercury U.K. president Jason Iley. UMG is committed to absorbing some of the a ...

  29. Universal, AIM Clash Over V2 Acquisition

    October 01, 2007 12:00 AM EDT Universal Music and independent trade body AIM have become embroiled in a row over the major's acquisition of the V2 label. AIM has gone public on its submission to the U.K. government's Office of Fair Trading (OFT), criticising Universa ...

  30. Virgin Megastores U.K. Changes Hands In MBO

    September 17, 2007 12:00 AM EDT Richard Branson's Virgin Group has sold-off its Virgin Megastores U.K. and Ireland chain for an undisclosed sum. A team led by Virgin Megastores managing director Simon Douglas and finance director Steve Peckham has bought the 125-store chain ...

  31. UMG To Acquire V2 From Morgan Stanley

    August 10, 2007 12:00 AM EDT The Universal Music Group has reached an agreement to acquire the V2 Music Group from Morgan Stanley. Terms of the deal, which is subject to regulatory approval, have not been disclosed. "V2 is recognized as a pioneer in independent music wit ...

  32. V2 Teams With The Times For Music Grant

    March 27, 2007 12:00 AM EDT British independent label V2 is in the news, literally, thanks to a novel initiative celebrating its 10th anniversary. The music company and its label partners have teamed with Rupert Murdoch's British publishing group the Times Newspapers fo ...

  33. V2, Quibus Forge Content Pact

    December 19, 2006 12:00 AM EST London-based independent label V2 Music has struck a deal to license its works for streaming and downloading on Quibus' peer-to-peer music promotion platform. Malmö, Sweden-based Quibus' service is free to the user, and revenues are gene ...

  34. V2 Pacts With Universal U.K. For Distribution

    June 02, 2006 12:00 AM EDT Universal Music U.K. has struck an agreement to provide distribution services for V2, the London-based independent record label founded and sold recently by Richard Branson, with effect from July 1. Universal Music U.K. has struck an agreement to ...

  35. Virgin Sells V2 Stake

    May 16, 2006 12:00 AM EDT Richard Branson's Virgin Group has sold its stake in V2 Records to U.S. investment bank Morgan Stanley for an undisclosed sum. Richard Branson's Virgin Group has sold its stake in V2 Records to U.S. investment bank Morgan Stanley for an ...

  36. Virgin Sells V2 Stake

    May 16, 2006 12:00 AM EDT Richard Branson's Virgin Group has sold its stake in V2 Records to U.S. investment bank Morgan Stanley for an undisclosed sum. Richard Branson's Virgin Group has sold its stake in V2 Records to U.S. investment bank Morgan Stanley for an ...

  37. Sirius: We'll Pay More For Music Exclusives

    April 14, 2006 12:00 AM EDT CEO will pay higher royalties for programming. Sirius Satellite Radio CEO Mel Karmazin said that he would be willing to pay record labels higher royalties—if they are willing to offer the satcaster programming that is not available to terrestrial ...

  38. Report: Apple To Unveil iPhone Within A Year

    March 21, 2006 12:00 AM EST Morgan Stanley says device could reap $1.2BN. Morgan Stanley says device could reap $1.2BN. News ...

  39. Report: Apple To Unveil iPhone Within A Year

    March 21, 2006 12:00 AM EST Apple Computer is expected to unveil an Apple-branded mobile phone with direct access to the iTunes Music Store in the next 12 months, securities analysts at Morgan Stanley said in a research note. Apple Computer is expected to unveil an Apple-bra ...

  40. Warner Music IPO Opens Below Asking Price

    May 11, 2005 12:00 AM EDT Shares in Warner Music Group stumbled out of the gates this morning following the company’s initial public offering of 32.6 million shares at $17 a share. After opening at $16.60 the stock, which is Shares in Warner Music Group stumbled out of the ...

  41. Warner Music Files For $750M IPO

    March 15, 2005 12:00 AM EST Warner Music Group Corp., parent company of Warner Music Group, filed registration papers with the Securities and Exchange Commission on March 11 proposing to raise up to $750 million in an initial pu (Reuters) -- Warner Music Group Corp., parent ...

  42. Warner Music Files For $750M IPO

    March 11, 2005 12:00 AM EST Warner Music Group filed today (March 11) to raise up to $750 million in an initial public offering of common stock. Warner Music Group filed today (March 11) to raise up to $750 million in an initial public offering of common stock. The company, ...

  43. Premiere Preps Details Of German IPO

    January 17, 2005 12:00 AM EST German pay TV provider Premiere is looking to go public on the German stock exchange during the first half of this year, sources close to the company confirmed Jan. 12. COLOGNE, Germany (The Hollywood Reporter) -- German pay TV provider Premiere i ...

  44. Morgan Stanley Cuts EMI Rating

    October 26, 2004 12:00 AM EDT Investment bank Morgan Stanley has cut its rating for EMI Group plc to "underweight" from "equal weight" and lowered its target price to 205p a share from 250p. (Reuters) -- Investment bank Morgan Stanley has cut its rating for ...

  45. Morgan Stanley Cuts EMI Rating

    October 21, 2004 12:00 AM EDT Investment bank Morgan Stanley has cut its rating for EMI Group plc to "underweight" from "equal weight" and lowered its target price to 205p a share from 250p. Investment bank Morgan Stanley has cut its rating for EMI Group pl ...

  46. Morgan Stanley Cuts EMI Rating

    October 21, 2004 12:00 AM EDT Investment bank Morgan Stanley has cut its rating for EMI Group plc to "underweight" from "equal weight" and lowered its target price to 205p a share from 250p. Investment bank Morgan Stanley has cut its rating for EMI Group pl ...